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DEFENCE BUDGET 2030
India readies Rs 12,000 crore push for local battery component manufacturingIndia is set to launch a new incentive scheme to boost local manufacturing of advanced cell battery components. This initiative aims to red...- HAL out, Tata and L&T in: IAF pushes ahead with private firms to fulfil India’s AMCA fifth-generation jet dreamIndia's ambitious Advanced Medium Combat Aircraft (AMCA) program has advanced with the Defence Ministry inviting bids from private firms fo...
- US will need years to replenish stockpiles of advanced weapons used in Iran war, analysis findsA new CSIS report has warned that the United States could take up to three years to replenish key missile stockpiles depleted during the Ir...
- India shortlists three private firms to build next-gen stealth fighter jetsTenders are soon going to private companies for India's next-generation fighter jet program. Tata Advanced Systems, Larsen & Toubro, and Bh...
- No signs of industrial degrowth in India; readying plan to spur investments in some sectors: Piyush GoyalCommerce and industry minister Piyush Goyal said the Centre is preparing several sector-specific investment promotion proposals announced i...
- ETMarkets PMS Talk | From Rs 1 crore to Rs 85 crore in 24 years - the power of high-conviction investing, says Alok AgarwalAlchemy Capital Management's Alok Agarwal highlights how a high-conviction, benchmark-agnostic approach has yielded extraordinary long-term...
- India finds $800 billion silver lining as conflict clouds gatherWith an eye on the future, India is set to welcome a massive $800 billion wave of capital investment over the upcoming five years. The curr...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- Uzbekistan launches ambitious "Uzbekistan–2030" strategyUzbekistan has launched its Uzbekistan-2030 Strategy, a comprehensive plan for national reform and development. The strategy outlines 100 m...
- China's parliament rolls out economic, political blue-print; here's what you need to knowChina's government has taken a significant step by announcing its new Five-Year Plan, aspiring for economic growth of 4.5% to 5%. Highlight...
- India's deeptech market to hit $30 billion by 2030: ReportIndia’s deeptech sector is set for rapid expansion, with market potential expected to hit $30 billion by 2030, a Redseer report said. Growt...
- Lithuania says will spend 5-6% of GDP on defence in 2026-2030Lithuania is set to increase its defense spending to 5-6% of GDP from 2026-2030. This decision, prompted by Russia's actions in Ukraine, re...
- Union Budget: Defence awaits budget ammo, roadmap to 2030 as India guns for ambitious export targetBudget 2024: India is pursuing ambitious goals to bolster its defence sector through increased self-reliance and domestic manufacturing. Wi...
- Japan, US sign agreement to develop hypersonic missile interceptorJapan and the United States have signed a contract to jointly develop interceptors capable of shooting down hypersonic missiles by the 2030...
- Denmark to invest $5.6 bn to modernise defence: ministry"Approximately 27 billion kroner will go to defence materiel, buildings, IT and personnel to handle accumulated challenges... and another 1...
- Sri Lanka to slash military by a third to cut costs"Military spending is basically state-borne expenditure which indirectly stimulates and opens avenues for economic growth by way of assurin...
- Japan plans record defence spending in 2022 with 10th straight annual increaseThe higher spending plan follows a meeting in April between U.S. President Joe Biden and Japan's then-premier Yoshihide Suga, in which Suga...
- Saudi defence firm SAMI targets $5 bln annual revenue by 2030Saudi Arabia, one of the world's largest buyers of foreign arms which has been embroiled in conflict in Yemen for six years, set up SAMI in...
- Saudi Arabia to invest more than $20 billion in its military industry over next decadeThe Gulf state wants to develop and manufacture more weapons and military systems domestically, aiming to spend 50% of the military budget ...
- $51 billion orders likely to be executed by navy for surface ships, submarines in 10 years: GovtThe union minister said that more than 60 per cent of the Indian Navy's budget is dedicated to capital expenditure and nearly 70 per cent o...
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